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Nursing Medical Home Practice

Business Type Nursing Medical Home Practice
Annual Revenue $287,760
Discretionary Earnings $231,936
Asking Price $380,000
Ref ID# FL460855
Seller Financing na
FFE na
Inventory na
Location Florida (Polk County)
Year Established 1999
Description Solid medical practice without the necessity of an office, staff or much equipment. Physician currently manages all aspects of the practice himself. Hours worked are generally 9:00 am to 4:00 pm with 2 on-call weekends per month. This fast growing area of central Florida has a very large elderly population to feed its nursing homes. Owner benefit increased from $225,029 in 2004 to $289,556 in 2005, to $303,990 in 2006. He scaled back a little in 2007 to $287,722. Doctor wants to retire; new doctor can amp up this practice tremendously.

Competition: There are other physicians doing the same, but this doctor serves 9 nursing home facilities, and has established himself as a reliable presence offering exceptional, attentive medical care.

Growth/Expansion: Several nursing homes in the area to solicit.

Support/Training: 2 weeks at no cost to buyer

Reason Selling: Retirement

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